Question

In: Operations Management

hare an ethical and/or legal experience you have encountered in work, or may expect to encounter...

hare an ethical and/or legal experience you have encountered in work, or may expect to encounter in your work.

If you were the person in charge, how would you have responded to the situation and why?

Solutions

Expert Solution

I had encountered an ethical experience in my last job. I was working as an auditor there. When I was checking the financial documents, I had found some material errors and financial disproportions in the financial statements. I immediately approached my senior and told him about it in brief. He heard me patiently and then asked me to let it pass. I was not convinced, so I visited the head of the concerned department and told her about the issue. She heard me and told me that I should go with the right instinct and with ethics. I reported the mistake finally. When the CEO of the company was informed about that he was happy that I did my job with full responsibility and accountability. I was promoted to senior auditor after a few months.

If I were an in-charge I would have reported the mistake right away instead of visiting my boss and then head of the concerned department for the clarification. It is because ethics are quite important for the survival of any organization. It was my duty as an auditor to ensure that the financial statements are accurate for taxation purposes and for shareholders' purposes.


Related Solutions

Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation...
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation encountered by Oprah Winfrey and how it was handled.
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation...
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation encountered by Jeff bezos and how it was handled. Sources should be cited according to APA style.
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation...
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation encountered by a leader discussed in a previous course and how it was handled. Professional - Bill Gates
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation...
Using professional, personal, or academic experience, describe an ethical situation you encountered or an ethical situation encountered and how it was handled.
Explain the types of diversity you have encountered in your professional experience and the challenges that...
Explain the types of diversity you have encountered in your professional experience and the challenges that each type of diversity posed to a team’s performance. Include in your explanation how a manager can leverage a team’s diversity to improve its performance. Explain the challenges posed by managing, and working within, a diverse team. In your explanation, include how managers should motivate individuals within a diverse team environment who are likely to have differing, and at times, clashing priorities.
Identify two situations where you may encounter an ethical dilemma as a holistic nurse. Discuss the...
Identify two situations where you may encounter an ethical dilemma as a holistic nurse. Discuss the principles of ethics (beneficence, human dignity, and justice) as it relates to the scenarios.
“Using an ethical framework deontological, examine any ethical issues the firm may encounter with internationalisation into...
“Using an ethical framework deontological, examine any ethical issues the firm may encounter with internationalisation into their two chosen countries(thailand/US). Determine if this impacts their final investment decision” Question to be Answered in context to International business - Outline and justify your chosen ethical framework -          Consider any ethical issues that the firm may encounter linked economic factors. -          Determine if a focus on ethical actions impacts the firm’s final choice to internationalise.
A. Present and discuss a case-study illustrating an ethical dilemma in healthcare that you have encountered...
A. Present and discuss a case-study illustrating an ethical dilemma in healthcare that you have encountered in your own experience or one of current relevance. What are the ethical theories best suited to address the case. How would you solve it? Explain.
You may encounter patients both male and female patients that may have anorexia nervosa or bulimia....
You may encounter patients both male and female patients that may have anorexia nervosa or bulimia. Please discuss and describe the differences between the two?
Experiences with Death If you feel comfortable doing so, please share any experience you have encountered...
Experiences with Death If you feel comfortable doing so, please share any experience you have encountered that deals directly with death. Please provide any advice to the class in how one can properly deal with losing a loved one in a healthy way. Remember to somehow relate these examples to the coursework and readings.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT